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. and in order to get an economy going, you need that type of an environment, so this is a good number. > economics 101. let me ask you about the participation rate. we haven't talked about that. but it is there every month. and there is some significant data there. > > sure. i guess the most significant thing that we are witnessing now is that people are staying in the workforce longer. so if you actually look at people who are above age 65 or even above age 60, you are seeing that they are participating in the labour force much longer than they had in the past. and that is actually a decent thing longer- term. > now, that is not necessarily for economic reasons. we are living longer after all. > > sure. we are living longer, all kinds of factors are weighing in, and i think people are just less confident in retirement, and they want to make sure they still have an income stream. probably some of that even has to do with low fixed income rates these days. in order to collect some income off your portfolio, you need to do other things than just buy bonds. > let me ask you quickly about
by the sheriff that they were trying to give him essentially a forum to express his views and a safe environment to do it in. that was the approach they were take i taking. while they do it, they gather as much information about him as they can. >> and senator smith, i know ethan is two days away from his 6th birthday. i can't imagine a better birthday present for him and his family certainly than to have him safe and reunited tonight. what's your message to the community? how does the community go about recovering from something like this, healing from something like this? >> listen, this is a very strong faith-based community. they've pulled together during this and have just -- there's been an outpouring of love. and i know ethan's mom was very appreciative of all the prayers, very appreciative of the support from all the volunteers. and they were just praying for a very peaceful outcome to this situation. and i know that tonight that the family is just so glad to have ethan back home with them. and we want to thank everyone who had anything to do with that. law enforcement did a wonderful jo
to be higher? the answer thus far is no. brian is correct a rise in a normalized environment isn't that big. >> have japanese bond rates gone up? >> not meaningfully. in the context t of what's happening they haven't actually done anything. the yen collapsed. interest rates are still low. >> lee munson. sometimes a little easy money isn't a bad thing. here in the united states we have easy money and we have easy profits still going up. i think people are under estimating our story as well, lee. >> i do. larry, i just want you to -- 2013 to be the year you learn to love the fed. i understand why you have perma bowls. the thing we have to remember is what could end this bull market? i don't think it's going to. we have to have the fed start tightening. they are not going to. number two, we have to have an inverted yield curve. there are emerging markets but not in the united states. it's great. so we have to have an over exuberance for markets and we don't. larry, in new mexico i still have to convince people to buy stock as part of a balanced portfolio. so we have japan. it was like this fou
and better for the small business. tell me how you find the environment right now for the small business owner and what should the government do now to facilitate more bottom line growth for those businesses? >> i think the government has to look at what is the most direct and em pactful way it support small and midsize businesses. when i look at these businesses, there are some businesses when they are so small that they are no longer viable because of the market environment. those are not the ones we are referring to. we need poor management or otherwise poor credit. we are looking at businesses who may be rely on access to capital as one component of just the ongoing operation of their business. so in answer to your question, the environment is one that still consists of, i guess, limited available liquidity and limited available credit rather for small businesses, often reflected when you look at national federation of independent business surveys. they always tend to be a lot less optimistic an those of the larger companies. >> chris, among the many boards you're on, biggest company
scouts. their policy has been to protect boys to obviously create not a perfect environment, but one that is in line with what the parents want to ensure that their children are safe when they go out and go in the scouting activity. >> let's go back to that. a time between 1970, 1999. those specific documents, called the perversion files as you know. scouts didn't allow gays, so there is a sense -- isn't that indication in and of itself -- >> you are absolutely right. >> so my point would be, if you are to -- why would it make a difference to open up scouting to people who are gay? >> certainly -- >> had you pedophiles in your ranks in the boy scouts as we have seen from these documents? >> absolutely. you are correct. they have not been able to create the perfect environment, but they have been doing what they can, and had to pay out millions of dollars as a result of that. question they need to ask, will this help accomplish our mission as boy scout leaders and make for a safer environment for the children under our watch? i don't think they can say that. i think that -- >> why not
developing energy here for decades. we need to protect their environment. we have a strict quarantine system to protect the integrity of the environment. forty years on, it's still a class-a nature reserve. it's our job to look after them. ...it's my job to look after it. ♪ >>> welcome back, everybody. this is "the kudlow report." i'm larry kudlow. in this half hour, president obama on the campaign trail in minneapolis to promote new gun lawses. he's not going to get the assault weapons ban he wants. he should have gone to chicago where they have a real gun and murder problem. would you put millions of bucks on an investment with only a 20% chance of success? that's what they do when it comes to broadway shows. our own mario bartiromo will go behind the scenes of that world in a primetime special. she'll be here to talk about it. first up, guess what. here's a surprise. president obama wants another big tax hike. he pretends the sequester wasn't his idea. remember, this whole across the board budget cut deadline was his plan going back to 2011. how about that? now the republican house is n
for decades. we need to protect their environment. we have a strict quarantine system to protect the integrity of the environment. forty years on, it's still a class-a nature reserve. it's our job to look after them. ...it's my job to look after it. ♪ >>. >> greta: woman accused of stabbing and slitting her ex-boyfriend's throat. jodi arias admitting to the murder. here is some of what she toll the jury. >> did you kill travis on june 4 2008? >> yes, i did. >> and you did, do you remember seeing that tape? >> yes, i do. >> and in that tape you said that no jury would convict you, something to that effect, do you remember saying that? >> yeah, i did say that. i made that statement in september of 2008. at the time we had -- um -- so i am extremely conflict because no jury would convict he and i told them no jury would convict me at that time, i was in padded cell and stripped down and that would have been my life until i stabilized. so i was very confident that no jury would convict me because i planned to be dead. those are probably the worst bitter words i'll eat. >> greta: if i were her la
here for decades. we need to protect their environment. we have a strict quarantine system to protect the integrity of the environment. forty years on, it's still a class-a nature reserve. it's our job to look after them. ...it's my job to look after it. ♪
their environment. we have a strict quarantine system to protect the integrity of the environment. forty years on, it's still a class-a nature reserve. it's our job to look after them. ...it's my job to look after it. ♪ >>> our fifth story "outfront," shooting guns with ted nugent. our deb feyerick was invited the the rocker's ranch to talk hunting, self-defense, and the second amendment. >> fire in the hole. >> for ted nugent, gun control is putting the second bullet in the same hole as the first. >> two down. >> a lot of people look at the tragedy at sandy hook and they say, something's got to be done. >> agreed, something has to be done. >> they point to weapons that were used as the cause. >> it's not the weapons. the weapons have nothing to do with it. these -- again, these weapons are in every pickup truck in texas. ♪ >> the famed platinum-selling rocker is passionate about his music, his family, and his firearms. he's fiercely protective of the rights of law-abiding gun owners, and he's invited us to his 300 acre ranch in waco, texas, to explain why. >> i'll give you some real eye cand
, completely different environment to noncelebrity workplaces that the scientology church had. tell me about the distinction. >> i mean, obviously, the church itself is much nicer. a much more beautiful church. i mean, yes, celebrities have their own private entrances. you know, there's beautiful restaurants there. they have their own classrooms. >> any child labor? >> things like that you wouldn't run across there. things that are not dealt with at that church. so members from there who get in trouble, they get sent to another location to be dealt with. so they would never run into that sort of thing and be like, oh, what's happening there? >> do you think these celebrities are being duped? >> i think that partially, and you know, i mean, this information is out there. it's on the internet. it's on tv. and so, you know, it is out there. so part of it, you know, must be some sort of willful ignorance. >> at one stage the church tried to separate you and dallas, your now husband, when they found out what was going on, and you felt suicidal. you were on the verge of committing suicide. tell me
energy here for decades. we need to protect their environment. we have a strict quarantine system to protect the integrity of the environment. forty years on, it's still a class-a nature reserve. it's our job to look after them. ...it's my job to look after it. ♪ >>> welcome back to the second half of "outfront." we start with stories we care about where we focus on our reporting from the front lines and tonight, we begin with the department of justice. it's filed a civil lawsuit against the ratings agency standard and poor's saying that s&p misled investors. here's what the suit alleges. it says s&p gave high ratings marks to investments that were tied to subprime mortgages and that made them appear a lot safer than they actually were. many believe securities that ultimately went sour like those helped trigger the financial crisis. s&p says the suit is entirely without factual or legal merit but i want to emphasize, this is the first major case brought by the government against the big ratings agencies and it's only a civil suit. the financial crisis was years ago and as of ton
environment right now, where are we in terms of trust and sentiment? we've got the libor scandal. we continue to see sort of upsets in the banking world. >> right. >> do you think that a lot has changed, or not? >> it is -- it is had, and i don't think a lot has changed. it's gotten marginally better, but the reforms have been pretty incremental, and most of the dodd/frank rules haven't even been finalized yet so that does concern me, and i think as the public watches this, they are losing confidence in the regulators as well to get this job done. they need to know that the regulatory community is, you know, standing up for them and policing these institutions appropriately, and whether the industry wants to acknowledge that or not, that's in the industry's interest for the public, and their customers to view them as being regulated by people of integrity, so i don't. i'm disappointed at the pace of reform. we haven't seen a lot of changes other than very incremental changes, but i'm hoping that maybe this year will be the year when we can finally get the rules in place, and i'm hoping that t
environment. the physical environment. >> and very important to note that bunker, shep, was only 6 feet by 8 feet. very little room forerer. >> and when he climbed the ladder they busted up in there that's incredible. they bound bombs in there, too? >> yeah, this thing was definitely rigged to blow, shep. one of those bombs was found inside that rent legs pipe that police were using to communicate to jim were lee jimmie lee dykes that entire week. the other one was inside the bunker. the fbi says that dykes tried to fortify the door to keep rescue teams out that clearly did not work. the fbi says both bombs were, quote: disrupted. it's unclear if that means they were disarmed or if they were deston nateed but the bomb squad has cleared that bunker as well as rest of the property belonging to jimmie lee dykes, shep. >> shepard: few people can have much of an idea about the kind of things ethan went through in that bunker, but one woman may, her name is katie beers. back in 1992, a neighbor kidnapped her, kept her in an underground bunker for more than two weeks in bayshore, new york. she was
. ♪ chevron has been developing energy here for decades. we need to protect their environment. we have a strict quarantine system to protect the integrity of the environment. forty years on, it's still a class-a nature reserve. it's our job to look after them. ...it's my job to look after it. ♪ >> adios. >> come back, come back. come back. >> oh. >> are you serious? >> adios. (bleep) >> come back again. come back again. >> come back again. bring her back again. i believe i heard you saying to-- >> yes, i did. >> i believe did you say (bleep)? >> absolutelily-- >> did you say that. >> yes, sir, i did. >> oh, you did say that. i fine you to 30 days in the county jail. 30 days in the county jail. >> greta: what a brat. and not to mention stupid. a florida teenager taking the judge and losing. the 18-year-old was in court on a drug possession charge and as you saw, the drug raise the bail after she sarcastically told him adios. and flipped the judge middle finger and 30 days in jail for contempt of court and joining us the legal panel. michael cardoza and bernie lynch. do you have any
for in an open environment like this. they're normally trained to urban environments. but it can happen. they can do it. they can get on his trail. and they can apprehend him at night. >> chairman, i'm curious. this is so difficult. because people can have traumatic experiences in their life, bad experiences at work, and they don't turn out like this. and this kind of a horrific situation. but in the manifesto, dorner wrote, "self-preservation is no longer important to me. i do not fear death, as i died long ago on january 2nd, 2009." that was the day he says he was fired from the lapd. now, we have no indication that dorner was on the radar of the fbi. should someone like him have been, or is it just too much to ask? >> you just don't know. if he had these type of supposed while he was a police officer, certainly the lapd was aware of that. we don't know all the circumstances of why he was fired, but i can imagine if you see his actions today, that some of those attitudes, some of those actions may have played in to why he was terminated. so it was probably bigger than the event that was listed
kangaroos. ♪ chevron has been developing energy here for decades. we need to protect their environment. we have a strict quarantine system to protect the integrity of the environment. forty years on, it's still a class-a nature reserve. it's our job to look after them. ...it's my job to look after it. ♪ >> what do you think about english only? well, in arizona that debate is heating up, that issue a bill forbidding agencies sending out documents in other language, but english. some say it's a violation of civil rights, but disagrees, it will save taxpayers money. good evening, sir, tell me what this bill is. >> well, thank you, greta. first thank you for having me and thank god for another day of freedom in this great country he's given us. greta, you know, quite honestly this bill does one thing and one thing only, it adheres to what the people in arizona asked for. what i mean by that, a few short years ago people passed 103. and 103 said this, english is the official language of the state of arizona all government transactions and correspondence shall be conducted in english and this
. we need to protect their environment. we have a strict quarantine system to protect the integrity of the environment. forty years on, it's still a class-a nature reserve. it's our job to look after them. ...it's my job to look after it. ♪ >>> welcome back to "the kudlow report." all right, the nomination of chuck hagel as defense secretary is in a heap of trouble. in fact, his uphill battle is looking so steep it might be better if he just bowed out. now let's welcome back our panel. we welcome to the show joel pollack. he's the editor in chief at -- who's been covering this story in some detail. some senators are holding up the confirmation vote until hagel complies with their request for more financial disclosure information. in particular, foreign financial disclosure information. is he going to do it or not? >> i don't think he will. because he has too much at stake in the other institutions he's involved with, particularly the atlantic council. and there are some donors to projects at the atlantic council who have taken some questionable stances. for example, the harari fam
' money other than stocks because of the low rate environment. andrew, how are you investing right now? >> well, we're probably going to go ahead and move in this market. looks like the pullback is more likely 1650 back to these levels. so more than likely now is probably the time to ease into the market. you've got tremendous momentum and breath here. you're fighting the tape, as they say. this is probably the time to deploy. >> meanwhile, rick santelli, the race to the bottom of the currency markets was interrupted today. horror of horrors. japanese officials saying they don't want the currency to go much lower. and the euro moving higher as well today. >> once you put that machine in motion, i don't know if you can stop it. and bill, i find it so telling you have so much more outrage about a maker's mark liquidity injection than the fed's liquidity injections. >> what's your point? >> that's a story for another day. because that's not good for either. a 20-year chart of the dollar index looks like it's going to be going at these levels for awhile. they look like they're going to sta
are a very different environment, very different situation today. overseas, i do think the emerging markets do represent a much -- an excellent buying opportunity here. i think they tend to outperform the u.s. going forward. >> jeff, of which of these two asset classes are the most dangerous, in your view? the long end of the bond market or gold? >> i would think the long end of the bond market. i've been in this business for 42 years as of last month. i've seen the long treasury bond go in a 3% yield to almost a 15% yield. people think they cannot lose money in bonds. i'm here to tell you, you can lose a lot of money in bonds, especially in bond funds. so i think you need to be very careful with the fixed income side of your asset allocation. >> guys, we'll leave it there. thank you for kicking off the week with us. thank you both. >>> a couple of insiders making profits off the rally. kayla tausche has more on that. >> perhaps the biggest signal of confidence in a company is when the executives and directors start scooping up shares. much of that happened during the crisis, and several ho
environment, a rigorous school. the problem is they are forced to operate in this bureaucracy that is driven by policies that absolutely make no sense. >> sean: education is interesting derivative from latin, to bring forth from within. so if it is not coming out, who has failed who? >> i think that we have to focus on as educators is what can happen within the confines of the school day and school year. what we know is that of all of the school factors that exist the quality oft matters the most. you can take a child who is living in poverty who had is coming to school with tremendous challenges and when you put that kid in front of a highly effective teacher it can literally change their life. >> sean: what is the biggest obstacle to that, teacher unions do they protect -- the mysterious resistance toward vouchers or all girl public schools. there is one in harlem and city of new york got sued. why the reluctance? >> i think it goes back to the bureaucracy. if you look at the point of teachers unions. the purpose of them is prioritize and rights and privileges of their members. they are do
well trying to push into the environment of much more thoughtful progressive policies about these issues the. >> they have lots of money, though. so those are very successful companies. and you could argue because your doing some of the things you're augusting. >> no question. >> take me to a company that's struggling been take me to a company that can't afford to give out free food throughout the day and free massages throughout the day. >> they're not going to let people sleep for two hours in a room somewhere, are they? >> no. but this is make missing the point. until you make this intellectual shift, more hours means more productivity. even one less hour of sleep gives us one more hour to be productive. that's nonsense. what it gives us is one more hour to by be partially productive because you're tired. >> do you think europe is productive? >> they rest a lot over there. >> you've got naps after lunch, you work a slightly longer day, but it's -- >> it's overdetermined. there are too many factors going on for me to answer that question and the german economy is very diff
is disingenuous. i think in this environment you could have scrounged up the $2 billion. >> they needed the $2 billion. >> right. >> the idea that they somehow didn't -- they needed it from somewhere. >> exactly right. i think that's true. i also believe from dell's perspective you want microsoft in the mix there somehow. however you structure it for microsoft's purposes, it does help to have that, you know, calling card that says at least where we're not going to be left to drift -- >> they need to finance other -- other computer makers. yes -- >> does h.p. call up and say you know what, i need catch, rather than going to bank, we want you to give us a better rate. >> microsoft is in the hardware business, too, right, with the software -- the surface thing? >> surface and things like this. >> about xbox -- >> i don't know where this is going. >> if you look at it from a different point of view, this is the result of ben bernanke's easy monetary policy. because you've created an opportunity for people to releverage. this is part of a broad theme of cheap releveraging. because enjoy the are so
for strong sustained growth. at least in my view. then if you look at the regulatory environment, it isn't healthy. you have to say we're constrained as far as providing credit to consumers. all in all, i think it's hard to put a bold case together that's relying on fundamentals. >> what about that? is that rally about the fed and not the fundamentals? >> yes to some extent. but i'm advising my clients that optimism rules the day. and in fact, i see equity prices and higher equity prices and bond yields being recurring themes through 2013? >> when do you expect rates to start moving up? if we start seeing rock bottom rates actually move in step with economic improvement? >> well, i don't think either of the markets the bond market or the equity markets with the economic improvement to be honest with you. negative gdp growth last week. >> what would be the catalyst to move? >> i think the catalyst to move interest rate is higher equity prices. inverse relationship, right? we'll go up because informsers need to come back on fixed income. on days like today, obviously my clients and their -
was omping in a legal environment that amounted to a veritable catch-22. john brennan faces his confirmation hearing to be the head of the cia on thursday this week. he will face questions from senators on the senate intelligence committee who will presumably ask him about his time in the cia of yore under george w. bush and his time as the face of the drone program under president barack obama. one of the senators who sits on the intelligence committee is going to get a chance to question john brennan is oregon democrat john wyden, who is a bit of a contrarian on the issues. he recently wrote a letter to john brennan asking for answers of his own about targeted killing and why it's justified and how it's justified. the questions themselves are so basic that they are almost more telling than some of the answers they could but probably won't receive. questions like, for example, how much evidence does the president need to determine that a particular american can be lawfully killed? also, this is one that sticks with me, does the president have to provide individual americans with the opportu
to make a safe environment. what kind of story would an individual have that would prompt them to take a 5-year-old child hostage having killed the bus driver of a school vehicle? >> well, i think there may have been a number of things going on with mr.d ykes. number one, we're told by friends and neighbors that he didn't like government for whatever his reason. number two, that he had conflicts with his neighbors. so all of these scenarios that were going on, he may have felt, for example, martin, that he was the victim, that he was being oppressed. that, in fact, even with the shooting of the bus driver, and realize i only say this from a negotiator's perspective to try to minimize what he did in his own mind, the negotiator could build a scenario to the effect that, jimmy lee, you didn't mean to shoot the bus driver. you went on board, you had a gun to protect yourself. that gun went off accidentally. now, is that the truth? obviously we believe otherwise, but if you're in that situation, if you are the gunman, if you are the kidnapper, you want to believe that and why did he kidnap tha
costs, very important in a rising salary environment. how much leverage there is, meaning, if you have all of the laboring costs accounted for, how much business can you do? all right, the one i like to think of, it's not a lemonade stand, chipotle. they have labor and they have food and customers. the more customers they can serve per hour, the more leverage they have. the keys to the gross margin at chipotle are the cost of the beef, chicken, tortillas, the cost of the labor and most importantly the number of customers they can push through in a given day. of course there are dozens of other inputs advertised in leases in the stores need to have as little turnover as possible because the cost of training new employees is tremendous. it's a huge obstacle to making a lot of money. th that's the former ceo of costco made clear to us. legendary for paying his employees the most and treating them with the best of benefits because it's so important to keep them happy. so the firm doesn't constantly have to train new people. new people are not known to the regular customers who like to see
anything else, the speed of the bullets terrified me. thinking about those in a closed environment like a school or a theater, as they've been used in recent atrocities. i want to play a couple of clips from tony bennett and chris rock at the same event you were at today who lent their support to this campaign. >> i still haven't gotten over connecticut. i'd like the assault -- assault weapons to go to war not in our own country. and i'd like assault weapons eliminated. thank you. >> the president and the first lady are kind of like the mom and the dad of the country. and when your dad says something, you listen. and when you don't, it usually bites you in the ass later on. >> very serious and powerful from tony bennett. jock lar but making a good point from chris rock there, i felt. i mean, the truth is that the majority of americans support the ban on assault weapons. the latest cnn poll was 56% i think. the majority support universal background checks. the majority want these high-capacity clips to be banned. there is a will there. but is there a will amongst the politicians, kerry k
target-rich environments. and he's labeled cops high value targets. so this is main clearly not kidding around. paul vercammen there, thanks so much. we'll check back with you in a short while. >>> and people ran for their lives in southern columbia today when a 7.0 magnitude earthquake hit. no reports of deaths or injuries. it was felt in the capital of bogota and across much of neighboring ecuador. >>> and wikileaks founder julian assange has waded into the drone debate slamming the u.s. government for saying it has the right to stage drone strikes against u.s. citizens perceived to be "imminent terror threats." >>> and first lady michelle obama is part of a group of washington dignitary who have returned home to chicago to say good-bye to hadiyah pendleton, the 15-year-old band majorette and athlete shot and killed in chicago just days after performing for the obama inauguration. cnn's thooena jones is on the south side of check at the funeral. athena, you've had a chance to talk with some family and friends. what are they saying? >> well, you know, we've been viewing the ceremony fr
of these issues. like you said, on the environment, on immigration, on the death penalty, on guns, on a lot of things. >> yeah. good reporting by mike allen. >> mike allen, it's fascinating, isn't it? >> it sure is. and ralph reed points out in here that the bible talks about compassion for the foreigner, compassion for the alien. and before we go, a quick exclusive for "morning joe" viewers, richard haass has a new colleague. the cfr is going to announce today that the former treasury secretary, tim geithner, will be back in the new york headquarters as a distinguished fellow. >> oh, my gosh. >> lowering the average age down to about 81. >> but the average intelligence up a great deal. >> he's a nice guy. thank you, mike. >> does anybody here want to warn geithner? >> geithner's fine. >> he's going to be hanging out with richard. >> you know what richard's platform was? to move from tapioca to harder food. that's how he got the job. >> you know, people always talk about oh, the cfr, one-world government, international conspiracy. it's like, i've been over there, man. they can't even get my
's a choppy, challenging environment out there. even for quick service. quick service does happen to hang in there a little better than the higher priced categories like full-service casual dining, for example. >> andy, thanks a lot. >> thank you. >> talking mcdonald's over at jefferys. >> in the northeast, the winter storm nemo, which is bowling towards us. jackie dean gel lis has the latest states on the storm. >> good morning, simon. let me just give you an update outside here first. the snow started coming down around 7:00 a.m. three hours later, we've got a wintry mix on our hands. but things actually aren't so bad. people commuting to and from work at this point. also checking out some of the other travel statistics out there. according to flight aware.com, about 4,125 flights have been suspended between yesterday, today, and also tomorrow, in preparation for winter storm nemo. which at this point is looking to potentially give us two feet of snow on parts of the northeast. and also, 12 inches of snow in new york city, where we are under a blizzard warning. meantime, amtrak is also
environment in which to learn. believe it or not, there are thousands, and more than that of kids in this city and many others that don't have that very basic opportunity. we've not explained the fact we're for this kind of development in our society so we can help people. i think where we have a lot of room to grow as party as conservatives to explain why we're for the kind of fiscal discipline we're for and what is the reality and how are we going to help people, because the continued direction this administration and washington is going in is not going to end up helping people and making life work. that's what i think we should be focused on and i'll talk about today. >> congressman, mark halperin here, have you changed your view on issues like education or just trying to explain things differently now? >> no. we've always believed as we know, funding of education comes largely from the states. there is 7-10% of education dollars that come from the federal government. perhaps, if we can demonstrate -- >> good morning, eric, harold ford, hope you're well, brother. two things, one, i love the
government. and grow our economy and create a pro growth environment. it's an opportunity for all americans to be in the middle class. so yes, i think it's absolutely a great opportunity for marco rubio to go out and do that. >> pete, you have to admit, he talked about immigration reform, something many republicans say the country needs right now. >> marco rubio really wants to make a difference, he wants to usher in comprehensive immigration reform and he and other republican senators and democratic senators met a couple weeks ago and gave an announcement about this. but unfortunately, there are so many extremists within the house republicans it will be hard to get done. in the end it's a stooge, a stunt, it's phoney. and hispanic voters will see through it. if you think giving a speech in spanish as a reaction to the president will pick off -- you are wrong. there's more to it. i would ask amy, english only is part of the republican platform. they want english only. can you imagine if a democrat gave any kind of a speech, a response, also in spanish? the right would be outraged by it. >>
down, more regulation, more taxes, more of an not ti business kind of environment. the unemployment rate in texas is 7%. we're over 10%. surely they must realize that the policies here are incredibly negative. they're just anti-growth." how do you answer something like that? >> we're using that resmed case study in san diego to focus on just exactly what we might do, say, as a city or as a state to keep a company like that here. we hear a lot of generalities. i want to know the specifics. we're going to use that as a case study, and we take it seriously. we're not going to sacrifice in california or san diego a high quality of life based on educational investment, innovative economy, lifestyle, for, again, a short-term corporate profits. there are some companies, especially if they're low wage companies or established technologies that might profit from that and make that move, but when you're talking about our future and what we in san diego especially are doing is trying to recover from our economy with innovative based technologies and companies, that kind of allure is just not -
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